Overview
Statutory holidays manage one of the cost items associated with an employee assignment. Statutory holidays produce another cost applied against the organization. This function allows the ability to specify whether employees will be paid or not on a particular Statutory Holiday. The Statutory Holiday function manages one of the cost items associated with an employee. Statutory holidays and associated Cost Items are used by payroll calculation and financial planning and forecasting.
Statutory Holiday screen Fields
Fields | Description |
Code | Unique identifier for each record |
Is Payable | By Default it is checked and indicates that the employee will be paid on that Statutory Holiday. |
Holiday | It will be will be used as a pay calculation. |